Construction of Cote d'Ivoire LNG terminal this year

According to the latest Reuters report, an international consortium led by the France's Total SA plans to start construction of a LNG terminal in Cote d'Ivoire by mid-2017.

The project cost is estimated at €120 million – 130 million.

The terminal's starting annual capacity is estimated at 36 million Btu with a possibility to increase it to 100 million Btu.

First natural gas supplies to the terminal were planned from mid-2018.

Azeri state energy company SOCAR acquired a 26% stake in Ivory Coast LNG, an international consortium with Total, Shell, Golar, Endeavor Energy and Cote d'Ivoire state companies Petroci and CI Energies in November 2016.